Global Mobile Wallet Market Size, Share, Development, Growth and Demand Forecast to 2020 By P&S Market Research



The global mobile wallet market is expected to grow from $232.9 billion in 2014, and reach $3155.1 billion in 2020, growing with a CAGR of 52.0%. The growth in smartphone and mobile internet users, and convenience and accessibility are some of the factors, driving the growth of the global mobile wallet market. The growing preference for reward and loyalty programs is expected to give a major boost to the growth of the global mobile wallet market in future.





Mobile wallets provide increased accessibility and convenience over physical wallets, as users no longer need to carry their physical cards, including other confidential information such as passports and boarding passes. The increased use of mobile commerce is a trend witnessed in the global mobile wallet industry. The buying and selling of services and goods through wireless handheld devices, such as personal digital assistants (PDAs) and cellular telephone is known as mobile commerce or m-commerce. The mobile wallet market is witnessing strong growth globally, with the increasing adoption of mobile payment services.


The information and data in the publication “Global Mobile Wallet Market Size, Share, Development, Growth and Demand Forecast to 2020” represent the research and analysis of data from various primary and secondary sources. Bottom-up approach has been used to calculate the mobile wallet market by application, age group and mode of payment. The market numbers for countries are obtained through top-down approach.   


TABLE OF CONTENT

Chapter 1. Research Scope & Methodology

1.1 Market Definition

1.2 Market Scope

1.2.1 Market breakdown by application

1.2.2 Market breakdown by mode of payment

Chapter 2. Executive Summary


2.1 Key Findings

2.2 Research Summary
 
Chapter 3. Market Outlook

3.1 Introduction

3.2 Mobile Payment Process Flow- Business Models

3.2.1 Operator centric model

3.2.2 Financial institution centric model
 
Chapter 4. Global Mobile Wallet Market Breakdown and Forecast (2011 – 2020)

4.1 Global Mobile Wallet Market Breakdown by Application
4.1.1 Merchant purchases   
4.1.2 Money transfers


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